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20120901
20120930
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catholics living in the united states. thousands journey to carthage each year for the marian days festival, a four-day pilgrimage to give thanks to the virgin mary for the safety and freedom they feel they enjoy in america. >> it's like a divine providence that we happened to be right in the middle of the united states. everybody can come over here, you know, just the whole family gathering. but the second part is just the spiritual side of things, because through the year there's all this hardship, working, and it's just a week to come here just to pray and listen to conferences to nourish their spiritual side. >> about 500 people came in 1978, the first year of the festival. today, between 50,000 and 60,000 people attend, making it one of the largest ethnic festivals in the u.s. the centerpiece of the pilgrimage is this statue of the virgin mary, one of only six like it in the world. vietnamese mothers usually take the lead in passing on the faith, and this has translated into a deep devotion within the community to the blessed mother. sister maria nguyen, a benedictine sister from kansa
problems that we have here in the united states. >> ifill: is there also a problem with coming to some sort of resolution as far as germany and other bank-- money-- money givers go? that somebody else is going to get in line. that if you give greece money, spain is going to be standing there. if you give spain money portugal could be standing there. >> there is this problem of political moral hazard going on which is really, as you say, well, if you give us, let's say, debt relief to greece, well, then you can be pretty sure that other european countries that also have received bailouts will want the same treatment. so what you're trying to do in europe, in minute, is really to-- i believe that ultimately debt relief will have-- further debt relief will have to be given to greece by the euro area governments. but they're really trying to make the road to that so arduous and so terrible that nobody else in europe will really want to go down that route. and as we're looking at greece today-- which has a cumulative decline in g.d.p. of, you know, close to 20% and still dropping-- i think it's
Search Results 0 to 1 of about 2